INDIANAPOLIS (AP) — The president of Indiana Farm Bureau
wants the state’s farmers to urge the federal government to scrap a proposed
reduction in the amount of ethanol in the nation’s fuel supply.
Don Villwock said corn prices have dropped more than 5
percent since word of the proposed U.S. Environmental Protection Agency rule was
leaked in October.
Federal support for ethanol has been a boon to the economies
of corn-growing states like Indiana. But the Obama administration said that the
biofuel law championed by both parties in 2007 isn’t working as well as
Villwock said reducing the amount of ethanol in the nation’s
fuel supply would harm Indiana’s farmers. He urged farmers to write to the EPA
and explain what the improved crop prices have meant to their families, farms
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